Comparison between Sealmatic India IPO and Viaz Tyres IPO.
IPO Details
Sealmatic India IPO is a SME Fixed Price IPO proposed to list at BSE SME while Viaz Tyres IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Sealmatic India IPO is up to ₹53.41 Cr whereas the issue size of the Viaz Tyres IPO is up to ₹19.00 Cr. The final issue price of Sealmatic India IPO is ₹225.00 per share and of Viaz Tyres IPO is ₹62.00 per share.
| | Sealmatic India IPO | Viaz Tyres IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹220.00 per share | |
| Issue Price (Upper) | ₹225.00 per share | |
| Issue Price (Final) | ₹225.00 per share | ₹62.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 600 shares | 2000 shares |
| Fresh Issue Size | 17,24,000 shares | 30,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹38.79 Cr | up to ₹19.00 Cr |
| OFS Issue Size | 6,49,600 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹14.62 Cr | up to ₹0.00 Cr |
| Issue Size Total | 23,73,600 shares | 30,64,000 shares |
| Issue Size Total (Amount) | up to ₹53.41 Cr | up to ₹19.00 Cr |
IPO Timetable
Sealmatic India IPO opens on Feb 17, 2023, while Viaz Tyres IPO opens on Feb 16, 2023. The closing date of Sealmatic India IPO and Viaz Tyres IPO is Feb 21, 2023, and Feb 21, 2023, respectively.
| | Sealmatic India IPO | Viaz Tyres IPO |
|---|
| Anchor Bid Date | Feb 16, 2023 | |
| Issue Open | Feb 17, 2023 | Feb 16, 2023 |
| Issue Close | Feb 21, 2023 | Feb 21, 2023 |
| Basis Of Allotment (Tentative) | Feb 24, 2023 | Feb 24, 2023 |
| Initiation of Refunds (Tentative) | Feb 27, 2023 | Feb 27, 2023 |
| Credit of Share (Tentative) | Feb 28, 2023 | Feb 28, 2023 |
| Listing date (Tentative) | Mar 01, 2023 | Mar 01, 2023 |
| Anchor Lockin End date 1 | Mar 26, 2023 | |
| Anchor Lockin End date 2 | May 25, 2023 | |
Financials & KPIs
Sealmatic India IPO P/E ratio is 18.75, as compared to Viaz Tyres IPO P/E ratio of 24.9.
Shares Offered
In the Sealmatic India IPO Retail Individual Investors (RII) are offered 9,97,200 shares while in Viaz Tyres IPO retail investors are offered 9,97,200 shares. Qualified Institutional Buyers (QIB) are offered 3,79,800 shares in Sealmatic India IPO and in Viaz Tyres IPO.
| | Sealmatic India IPO | Viaz Tyres IPO |
|---|
| Anchor Investor Reservation | 5,69,400 shares | |
| Market Maker Reservation | 1,26,000 shares | 1,62,000 shares |
| QIB | 3,79,800 shares | |
| NII | 4,27,200 shares | 15,32,000 shares |
| RII | 9,97,200 shares | 15,32,000 shares |
| Employee | | |
| Others | | |
| Total | 23,73,600 shares | 30,64,000 shares |
Bids Received (Subscription)
Sealmatic India IPO subscribed 13.50x in total, whereas Viaz Tyres IPO subscribed 5.79x.